Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/294270 
Year of Publication: 
2023
Citation: 
[Journal:] Cogent Business & Management [ISSN:] 2331-1975 [Volume:] 10 [Issue:] 1 [Article No.:] 2174247 [Year:] 2023 [Pages:] 1-13
Publisher: 
Taylor & Francis, Abingdon
Abstract: 
We employ senior bank loan officers' responses regarding actual and expected loan demand from enterprises linking successive surveys to determine the dominant expectation formation mechanism that best describes European senior bank loan officers' expectations. Our findings suggest that the adaptive expectations mechanism is compatible with senior bank loan officers' expectations for loan demand from enterprises. Our study contributes to the understanding of the formation of loan demand expectations, and hence our findings can be beneficial for monetary policy purposes.
Subjects: 
adaptive expectations
bank lending survey
loan demand
survey&#x2010
based expectations
JEL: 
C33
C53
D84
Persistent Identifier of the first edition: 
Creative Commons License: 
cc-by Logo
Document Type: 
Article

Files in This Item:
File
Size





Items in EconStor are protected by copyright, with all rights reserved, unless otherwise indicated.